AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

HONG KONG: China on Saturday slammed the United States for imposing "barbarous" sanctions in response to Beijing's crackdown in Hong Kong, capping a dramatic week of deteriorating relations between the world's two biggest economies.

In the toughest US action on Hong Kong since China imposed a sweeping new security law on the territory, Washington on Friday imposed sanctions on a group of Chinese and Hong Kong officials - including the city's leader Carrie Lam.

The move came after President Donald Trump's administration forced Chinese internet giants TikTok and WeChat to end all operations in the US, in a twin diplomatic-commercial offensive set to grow ahead of the US presidential election in November.

China on Saturday criticised the sanctions as "barbarous and rude".

"The ill intentions of US politicians to support people who are anti-China and messing up Hong Kong have been clearly revealed," Beijing's Liaison Office in Hong Kong said in a statement.

The Treasury Department announced it was freezing the US assets of Chief Executive Carrie Lam and 10 other senior officials, including Luo Huining - the head of the Liaison Office.

It accused the sanctioned individuals of being "directly responsible for implementing Beijing's policies of suppression of freedom and democratic processes".

The move criminalises any US financial transactions with the sanctioned officials.

In a short statement, Luo said he welcomed the blacklisting.

"I have done what I should do for the country and for Hong Kong," he said. "I don't have a dime's worth in foreign assets."

The Hong Kong government described the sanctions as "shameless and despicable".

"We will fully support the Central Government to adopt countermeasures," it said in a statement.

The city's commerce secretary Edward Yau warned that the "savage and unreasonable" sanctions could have blowback for American businesses in Hong Kong.

China's Hong Kong and Macau Affairs Office said the sanctions list "rudely tramples on international law" and "will be nailed to the historic pillar of shame forever."

Facebook barred Lam and the 10 other sanctioned officials from advertising on the platform, with a spokesperson saying Saturday it had "a legal obligation to take action."

Beijing's security law was imposed in late June, following last year's huge pro-democracy protests in Hong Kong, sending a political chill through the semi-autonomous city. Since then, Hong Kong authorities have postponed elections, citing the coronavirus pandemic, issued arrest warrants for six exiled pro-democracy activists and launched a crackdown on other activists.

Comments

Comments are closed.